Business plan for opening an electric motorcycle maintenance shop

Business plan for opening an electric motorcycle
maintenance shop
Executive Summary
Electric mobility is a growing trend, especially in the motorcycle sector. Demand for
electric motorcycles is expected to increase in the coming years as this technology
becomes more accessible. My business will consist of a specialized shop for maintenance
and repair of electric motorcycles. I will offer diagnostic, repair and replacement services
for electrical components.
Business Description
The shop will be located in an area where most of the spare part shops are located and
will have qualified technical staff. I will have the necessary tools and equipment to work
with the electrical components of the motorcycles. I will offer competitive prices and
fast, professional service.
Market Analysis
The fleet of electric motorcycles is growing rapidly in the country. Many drivers are opting
for this sustainable mobility option. However, traditional mechanic shops do not have the
specific knowledge about electric motors and batteries. My shop will cover this need for
specialized maintenance.
Marketing Plan
To promote the shop, I will create a website with service information. I will also distribute
flyers at electric motorcycle dealerships and among driver associations. Quality service
and word-of-mouth will be the best publicity.
Required Investment
An initial investment of $................. is required to condition the facility, purchase tools
and electrical/electronic equipment, hire staff, advertising, and working capital for the
first months.
Financial Projections
Estimating an average occupancy of 50%, monthly billing will be $............., with a gross
margin of 40%. The investment payback period would be ………… months. In the second
year, staff and equipment can be increased.
With this business plan, I will be able to start a specialized electric motorcycle shop, a
niche with great growth potential. The professional service and favorable financial
projections make it a project with high probabilities of success.
To estimate the budget needed to set up an electric motorcycle maintenance shop, the
following concepts must be considered:
- Premises: Renting or purchasing the premises will represent a significant fixed
monthly cost. For a basic shop we can estimate around $........... per month in an
accessible location.
- Refurbishment: Construction work will need to be done to adapt the workspace and
reception area. Approximately $................ to $................... can be budgeted for
renovations.
- Equipment and tools: Investment in specialized machinery and equipment may
range from $............. to ………………. depending on the initial outfitting. This would
include lifts, workbenches, multimeters, wrenches, etc.
- Initial inventory: Having a basic inventory of spare parts and consumables may
require $............ to $.............
- Furniture and decor: Things like counters, shelves, signage, lighting and branding
could cost around $.............
- Initial expenses: Licenses, bonds, deposits may represent around $.................
- Working capital: Funds for 2-3 months of operation before becoming profitable,
around $...........................
- Contingencies: It is advisable to budget an additional 10% for contingencies, around
$.....................
Considering these factors, the initial budget to set up the shop could range from
$................ to $................. approximately. This figure may vary for each specific case.
Tools for motorcycles. The minimum necessary
to set up a motorcycle workshop.
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Air compressor and tank.
Workbench with vise.
Battery tester and hydrometer.
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Manual or electric drill.
Torque wrench set.
Motorcycle lift stand.
Motorcycle lift table.
Tools and implements.
Tool cabinet.
Battery jump starter.
Hydraulic press.
Parts cleaning machine with fluid recycling.
Multimeter.
Grinding wheel
Ignition timing light.
Electric welder.
Vacuum gauge.
Digital multimeter:
Diagnostic scanner:
Smart battery charger
Here is the English translation:
Motorcycle wheel balancers
Motorcycle lifts
Motorcycle wheel removal machines
Herramientas para motos. Las mínimas necesarias
para montar un taller de motos
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Compresor de aire y depósito.
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Un banco de trabajo con tornillo.
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Comprobador de baterías y densímetro.
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Taladro manual o eléctrico.
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Conjunto de llaves dinamométricas.
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Caballete para fijar y levantar motos.
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Mesa elevadora de motos.
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Útiles y herramientas.
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Banco de herramientas.
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Un arrancador de baterías.
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Prensa hidráulica.
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Máquina de limpieza de piezas con reciclado de líquidos.
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Polímetro o multímetro.
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Piedra esmeril.
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Controlador de encendido.
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Soldador eléctrico.
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Vacuómetro.
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Polímetro digital
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Scanner de diagnóstico
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Cargador de baterías inteligente
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Compresor de aire y pistola
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Equilibradoras de ruedas de moto
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Elevadores de motos
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Desmontadora de ruedas de moto